Merkezi ve Doğu Avrupa ülkelerinde gelir dağılımı yakınsaması: SPSM yönteminden kanıtlar

Year 2019, Issue: 54, 343 - 366, 31.12.2019

Murat Belke , Harun Kaya , Süleyman Bolat

https://doi.org/10.18070/erciyesiibd.532758

Cited By: 1

Abstract

Çalışma
dokuz Merkezi ve Doğu Avrupa (CEE) ülkesinde 1989-2015 döneminde doğrusal
olmayan panel birim kök testlerinden Sıralı Panel Seçim Yöntemini (SPSM)
kullanarak gelir eşitsizliği yakınsaması mı yoksa gelir dağılımı ıraksaması mı
olup olmadığını araştırmaktadır. Çalışmada Fourier
fonksiyonlu doğrusal olmayan Panel KSS (Ucar ve Omay (2009) tarafından
geliştirilen) kullanarak Chortareas ve Kapetanios (2009) tarafından önerilen
SPSM yöntemi uygulanmaktadır. SPSM yöntemi yapısal kırılmalar, doğrusal olmama,
heterojenite ve yatay kesit bağımlılığını kontrol edebilmede oldukça yetkin bir
yöntemdir. Geleneksel birim kök testleri kullanılarak yapılan analizler CEE
ülkeleri için gelir eşitsizliğinin durağan olduğunu yani gelir dağılımının
yakınsadığını elde etmiştir. Diğer taraftan Fourier fonksiyonlu SPSM
yönteminden elde edilen test sonuçlarında da dokuz CEE ülkesi için 1989-2015
döneminde gelir eşitsizliğinin yakınsaması teyit edilmiştir. Sonuçlar, yapısal
kırılmalar, doğrusal olmama, heterojenite ve yatay kesit bağımlılığı için
kontrol sağlanması durumunda da gelir eşitsizliğinin yakınsadığını
göstermektedir. Ülkeler ortak bir gelir eşitsizliği seviyesine yakınsamaktadır.
Elde edilen bulgular makroekonomik politika, modelleme ve öngörü açısından CEE
ülkeleri için önemli politika belirleyicilerine sahiptir.

Keywords

Gelir Dağılımı Yakınsaması, Sıralı Panel Seçim Yöntemi, Panel KSS Birim Kök Analizi

Convergence in Central and Eastern European countries income redistribution: Evidence from SPSM method

Abstract

This study is to investigate whether income inequality in nine Central
and Eastern European (CEE) countries are converging or diverging using the nonlinear panel unit root tests Sequential
Panel Selection Method (SPSM) over the
period 1989 to 2015. We used the SPSM procedure that proposed by
Chortareas and Kapetanios (2009) using Panel
KSS unit root test (developed by Ucar and Omay (2009)) with a
Fourier function in this paper. The SPSM is a competent method which controls
for structural breaks, nonlinearity, heterogeneity and cross-section
dependency. The empirical analysis of conventional unit root tests shows that
income inequality is stationary or convergence for CEE countries. On the other
hand, the empirical results from the SPSM also point out that the income
distribution convergence holds true for nine CEE countries in the period of
1989 to 2015. The results show that income inequality converges even if control
is provided for structural breaks, non-linearity, heterogeneity and cross-sectional
dependence. Countries converge to a common level of income inequality. Our
findings have some significant policy implications for macroeconomic policy,
modelling and forecasting for these CEE countries.

Keywords

Income Distribution Convergence, Sequential Panel Selection Method, Fourier KSS Unit Root Test

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